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$2,143 (target)

40 Oxford St, Battle Creek, MI 49017

3 beds • 2 baths • 1205 sqft

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This property could be a profitable Long-Term investment with a projected 21.42% first-year return on $31,479 initial cash invested.

21.42%

Cash On Cash

11.88%

Cap Rate

1.82

DSCR

$2,143

Rent

$562

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,143 income − $1,581 expenses = $562 cash flow

Income$2,143Mortgage P&I$81538%Property Taxes$1577%Insurance$522%Management$21410%CapEx$1075%Vacancy$1296%Maintenance$1075%Cash Flow$562

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,143

Total Expenses

$1,581

Mortgage P&I

38%

$815

Property Taxes

7%

$157

Home Insurance

2%

$52

HOA

0%

$0

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$129

Maintenance

5%

$107

Other

0%

$0

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